The Russia/Ukraine Fiasco: Another Point of View
Tom Luongo is a former research chemist and writer on markets, culture and geopolitics. He publishes regularly on his blog, Gold, Goats ‘n Guns at www.tomluongo.me as well as the Gold Goats ‘n Guns Monthly Newsletter which provides a portfolio strategy for retail-level investors to make sense of today’s global/macro environment. His work can be seen regularly on such sites as Zerohedge, Lewrockwell.com and The Duran. Mr. Luongo is also a regular contributor at Money & Markets, Strategic Culture Foundation and edits the Ultimate Wealth Report monthly newsletter for Newsmax while also contributing to Financial Intelligence Report.
Vladimir Putin is not a member of the cabal. Look at who hates Putin.
Russians are winning in Ukraine. Achieving every objective they want to with second-string troops and 30 yr. old equipment. Whereas Ukraine is sending grannies out with AK-47s.
The West is trying to get nuclear missiles on Russian border.
Diplomacy has failed, but it was designed to fail. Russia has invaded Ukraine, but it’s actually a peace-keeping operation.
The irony of Israeli Jews supporting the neo-Nazi Ukrainian government.
This is not a genocide.
Ukrainian president Zelensky was neutralized after he was voted in.
Russians are winning on the ground and will carve up Ukraine. Southern region of Ukraine will declare their independence after Russians have cut off the ability of Ukrainians to retreat.
Russia destroyed Ukrainian army, air force, ports, defense system after the first 1.5 hours.
Russia is not looking to take territory. Aren’t carpet bombing to obliteration the way US does. Forming circles around areas of resistance. Russia doesn’t have resources to conquer and rebuild, and it’s not a good way to wage war anyway.
Our media portrayal of the situation is totally pro-Ukrainian with no dissent allowed. Childish, disgusting, and Orwellian.
At the start, the West immediately invoked every financial nuclear response they could.
Was there a gentleman’s agreement with Putin, that he would only invade Donbass? He didn’t do that, instead launched highly coordinated multi-prong attack on 4 fronts. Was there something else that made Putin revoke a prior agreement? Like Sweden or Finland being brought into NATO?
Russia is not targeting civilian centers, not destroying the people who live there. Are targeting sources of Ukrainian resistance.
Russians considers themselves to be at war with everybody already. Won’t attack NATO unless they have to.
The fight is about Russia beating Davos, not about beating Ukraine.
Everything now being sold by Russia to the west can be sold to the east.
Europe is an energy importer, forever. American LNG is 2-3 times as expensive to produce. And LNG is not green.
With the usual European arrogance, Klaus Schwab wants to be able to dictate terms even if the west doesn’t win.
It’s racism to think Europe and US are better than to be at war.
Russian leaves US dollars on account with the Fed to pay for some of their transactions with other countries. A G8 country has never before had their assets frozen.
How much gold does China really have? Gold never leaves China. Is China accumulating gold on the sly?
To calm the panic, Russians might allow for conversions of rubles to gold domestically, but not allow it to leave the country. Would end the run on the ruble. Bigger problem is cutting off foreign currency.
Does China have Putin’s back? Yes. China, Israel, India, and UAE abstained from UN action condemning Russia.
US is blocked from using the canal so they can’t send a carrier group to the Black Sea.
If you’re not buying gold and Bitcoin, what’s wrong with you? Waiting for a weekly close of gold of 1916. Want to see breakouts propagate through time.
George says what’s with Putin killing a lot of people? Who is in the wrong here?
Diplomacy was attempted and allowed to fail. Putin is allowing as many Ukrainians to get out as possible. Ukrainians are being conscripted off of buses. Does the west want to see a lot of dead bodies?
Russia can drop bombs vertically which fall with no arc, which defeats our defenses.
They shoot up Biden with a stimulant which props him up for 18 minutes. Was sundowning in last Thursday’s speech about the Ukrainian invasion.
Putin will turn Ukraine into a quagmire.
Putin’s weakness has always been Europe. He was stationed in East Germany. He doesn’t want to go to war with Europe. Underestimated how belligerent European Union is to him and to Russia. He waited until the very last possible moment to take action.
All of the European UN delegates walked out on Russian foreign minister Lavrov this morning while he was talking at the UN about Ukraine.
Don’t worry about US stocks if they’re in an index fund.
20% of Russian transacted through Russia’s version of SWIFT.
Davos wants cheap energy to Europe. Davos hates Russians. They want to isolate Russians from other sources of energy. We want a deal with Iran so Iran will sell oil and gas through Turkey and Syria to US and bypass Russia. Russian Gasprom is major player I developing Iranian oilfield in Caspian. Gasprom will get over half of the profits of those Iranian oilfields.
By Friday of this week, US people won’t be able to buy or sell Russian stocks. Will be used as a bargaining chip when the military action is over.
Putin doesn’t want $150/gallon oil. The high price cuts off investment in other resources. Want oil at $55-$75/barrel. Russia can pull oil out of the ground at $9/ barrell.
What’s China’s next move? Depends on how things degrade in Europe. If Europe declines, higher chances of a Taiwan invasion.
Go to Patreon to get Tom Luongo’s wisdom. Other good websites about the Russia/Ukranian issues: thesaker.is, MoonofAlabama.org.